NEW YORK (Yaakov M / VIN Podcast) — The Debt-ceiling deal could have been much better.
Kevin McCarthy and the GOP are giving President Biden an unlimited debt-ceiling increase. Democrats can now borrow into oblivion, as many trillions as they want, until 2025, with zero repercussions.
In return, the Republicans have gotten:
- Zero spending cuts
- No repeal of student loan forgiveness
- No work requirements for Medicaid
- Minimal cuts to IRS funding
Yes there are some benefits, including a spending freeze, increased work requirements for SNAP Food Stamps, rescinding of unused Covid relief funds, and the repeal of $1.9 Billion in IRS funding.
But overall, this is not what we were promised.
PLUS: Lululemon fires 2 employees for confronting shoplifters. The IRS has fired the entire team investigating the Hunter Biden tax fraud scandal–at the behest of the DOJ.
LISTEN TO YAAKOV M’S ANALYSIS OF THE DEBT-CEILING DEAL >>
Yaakov M is the Charedi Sean Hannity.
His columns have been featured in Newsmax and many other sites. He’s hosted a podcast for 15 years, studied in Kollel 14 years, was a Bais Medrash Rebbi over a decade, and obtained smicha from a top Rosh Yeshiva. (Opinion do not necessarily reflect Daas Torah.) If you’re tired of boring or fake news, you will love this podcast.